AV Concept Chief Executive Su Zhian said after the performance report that the Wavesquare LED chip business is expected to generate little profit this year, while the LED distribution business will contribute 25% of the overall profit; while the LG 3D glasses business has a pre-tax net profit margin of 30%. Above, and in June this year, LG 3D glasses were sold in pure 100,000 units. The future 3D TV market will continue to expand. It is estimated that the demand for the industry will be 6.8 million and 17.5 million units this year and next, and 31.2 million units in 2012.
He said that the Group's LED business is performing well. The future target is to obtain a large order for LEDs produced by Wavesquare in China in September. The estimated amount will be 1 million wafers. The chips produced by Wavesquare are high-end products. The demand for high-energy wafers in the entire market will increase by 30% to 50% year-on-year.
Su Zhian continued, Wavesquare needs to be 30 million for the entire project, of which AV Concept will invest 10 million US dollars in the company, the group has invested 8 million US dollars, and Wavesquare needs 20 million US dollars to increase production capacity in the future, and the US investors will Will contribute the relevant fees.
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Yuheng Optics Co., Ltd.(Changchun) , https://www.yhenoptics.com